TNT Express Operations Disrupted

All Other FedEx Services Operating Normally

June 28, 2017 12:35 PM Eastern Daylight Time

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) today announced that the worldwide
operations of its TNT Express subsidiary have been significantly
affected due to the infiltration of an information system virus. While
TNT Express operations and communications systems have been disrupted,
no data breach is known to have occurred. The operations of all other
FedEx companies are unaffected and services are being provided under
normal terms and conditions.

Remediation steps and contingency plans are being implemented as quickly
as possible. TNT Express domestic country and regional network services
are largely operational, but slowed. We are also experiencing delays in
TNT Express inter-continental services at this time. We are offering a
full range of FedEx Express services as alternatives.

Updates on service availability will be provided periodically as systems
are remediated. Customers seeking updated information on service
availability should call TNT Express Customer Service or visit TNT
Express’s website at tnt.com.

We cannot measure the financial impact of this service disruption at
this time, but it could be material.

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $60 billion, the company offers integrated
business applications through operating companies competing collectively
and managed collaboratively, under the respected FedEx brand.
Consistently ranked among the world's most admired and trusted
employers, FedEx inspires its more than 400,000 team members to remain
"absolutely, positively" focused on safety, the highest ethical and
professional standards and the needs of their customers and communities.
To learn more about how FedEx connects people and possibilities around
the world, please visit about.fedex.com.